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Unlearning Economics: Jon Erickson, Josh Farley, Steve Keen, & Kate Raworth | Reality Roundtable #03

The Great Simplification with Nate Hagens

CHAPTER

The Consequences of Exponential Growth Going on Forever

When I first read the neoclassical stuff, I was in shock. 87% of the economy won't be affected because it's under a roof. Anything we do today to mitigate climate change is sacrificing our well-being for a richer future. And that would be stupid. Why should we sacrifice for people who will be richer and better off than us? We should do nothing. John: What are the scariest things about this assumption of exponential growth going on forever?

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